Showing 1 - 10 of 95
Persistent link: https://www.econbiz.de/10010441318
exploits variation in employment responsiveness to productivity over time, particularly examining the relationship between … changes in employment responsiveness and the job retention support in 2020 and studying how well the support was targeted by …
Persistent link: https://www.econbiz.de/10014558877
This paper aims at investigating the relationship between firms' profit efficiency, access to finance and innovation … efficiency in order to increase profitability. Among firms that have embarked in product innovation, those in the industry and … help to better understand the link between innovation, financial constraints and efficiency, which goes beyond the idea …
Persistent link: https://www.econbiz.de/10012241105
We explore the impact of wage adjustment on employment with a focus on the role of downward nominal wage rigidities. We … results point to a negative effect of downward wage rigidities on employment at the firm level. …
Persistent link: https://www.econbiz.de/10011732749
protection laws. In contrast to the findings for employment, we find little evidence for a relationship between wages and … that on average employment shares have increased in occupations more exposed to AI. This is particularly the case for … Technological Change theory. While there exists heterogeneity across countries, only very few countries show a decline in employment …
Persistent link: https://www.econbiz.de/10014343139
Persistent link: https://www.econbiz.de/10011288624
We estimate a FAVAR with Bayesian techniques in order to investigate the impact of loan supply conditions on euro area corporate investment and its financing structure. We identify shocks to overall demand and loan supply with sign and impact restrictions. Although tightened financial conditions...
Persistent link: https://www.econbiz.de/10012648857
The post-2008 period in the euro area was characterised by sharp dispersion in borrowing costs faced by firms, across both countries and firm types. This dispersion was an important manifestation of the financial fragmentation" which hampered the smooth transmission of accommodative monetary...
Persistent link: https://www.econbiz.de/10011697389
, trade unions set wages with national prices in mind, deviating from Cukierman and Lippi (2001) who postulate that wages are … show that a monetary union is found to elicit real wages that are broadly comparable to those obtained under monetary …
Persistent link: https://www.econbiz.de/10003866562
Project provides new microeconomic evidence on how wages change for continuing workers. We analyze individuals' earnings in 31 …
Persistent link: https://www.econbiz.de/10003396810